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What payment method would you recommend for paying mortgages, utility bills, and company expenses?
by janosdebugs 2y ago
What payment method would you recommend for paying mortgages, utility bills, and company expenses?
- rakoo 2y agoYou said you're in the EU right ? SEPA works. The only moment I need to confirm identity with my bank is when I buy frivolities, not for my bills.
- janosdebugs 2y agoHere's the problem: I can do a SEPA transaction using online banking (with a Google-enabled phone) or by walking to my bank personally.
- rakoo 2y agoI might be lucky enough to have online banking work with sms and a pre-shared secret. My bank (also in the EU) didn't tell me I could do it automatically, they only mentioned it when I told them I lost my phone (it was true) and that I didn't know when I could buy a new one. Maybe it'll work with yours ?
- janosdebugs 2y agoNo, ever since PSD2 came into effect, banks here refuse to do SMS-based verification and have switched to apps. They also don't support hardware authenticators for consumers. I asked.
- t0bia_s 2y agoFortunately we have competition and possibility to switch to banks that are more private and user friendly.